Call reports 2021
PREVAIL BANK — 2021
What PREVAIL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 881,055,000 | 895,871,000 | 912,167,000 | 941,811,000 |
| Total loans | 571,724,000 | 574,396,000 | 565,540,000 | 573,258,000 |
| Allowance for loan losses | 4,608,000 | 4,833,000 | 5,011,000 | 5,087,000 |
| Securities available for sale | 184,256,000 | 206,872,000 | 220,070,000 | 251,565,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 718,891,000 | 730,620,000 | 745,649,000 | 774,960,000 |
| Interest-bearing deposits | 638,694,000 | 648,114,000 | 665,078,000 | 671,359,000 |
| Noninterest-bearing deposits | 80,197,000 | 82,506,000 | 80,571,000 | 103,601,000 |
| Equity capital | 144,717,000 | 146,585,000 | 147,834,000 | 148,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,513,000 | 12,738,000 | 19,261,000 | 25,453,000 |
| Interest expense | 979,000 | 1,856,000 | 2,649,000 | 3,356,000 |
| Net interest income | 5,534,000 | 10,882,000 | 16,612,000 | 22,097,000 |
| Noninterest income | 424,000 | 931,000 | 1,337,000 | 1,967,000 |
| Noninterest expense | 4,110,000 | 7,823,000 | 11,808,000 | 15,799,000 |
| Provision for loan losses | 225,000 | 450,000 | 575,000 | 650,000 |
| Pretax income | 1,637,000 | 3,554,000 | 5,580,000 | 7,632,000 |
| Income tax | 348,000 | 732,000 | 1,090,000 | 1,572,000 |
| Net income | 1,289,000 | 2,822,000 | 4,490,000 | 6,060,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,259,000 | 113,839,000 | 115,554,000 | 117,171,000 |
| Total capital | 116,867,000 | 118,672,000 | 120,565,000 | 122,258,000 |
| Risk-weighted assets | 472,106,000 | 492,804,000 | 500,899,000 | 520,850,000 |
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